If Ethereum is to expand how it’s used, it will need to undergo three major transitions or risk undermining its own future, said Ethereum co-founder Vitalik Buterin. In a blog post published on Friday, Buterin laid out his ideas for what it will take to help Ethereum mature if it is to expand in use. Calling them “The Three Transitions,”…
Month: June 2023
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
The United States Securities and Exchange Commission (SEC) is seeking ‘alternative service’ from the U.S. District Court in Washington, D.C., to issue a legal summons to Changpeng Zhao, the CEO of cryptocurrency exchange Binance. Zhao and Binance were recently sued by the SEC over alleged unregistered securities operations. Related: SEC sues Coinbase for breaking US securities rules In a case document…
No Metaverse? No Problem, Says the Sandbox COO on Apple’s VR Headset Launch
“This is groundbreaking,” said Sebastien Borget, Chief Operations Officer for The Sandbox, regarding the new Apple VisionPro Augmented Reality Headset. At this year’s Apple Worldwide Developers Conference (WWDC2023), the tech giant unveiled its most recent device: the Apple VisionPro. Set to launch in 2024, it is a mixed reality (MR) headset, combining virtual reality (VR) with augmented reality (AR). Despite…
De-dollarization: Is it really happening?
In our latest Cointelegraph Report, we analyze the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications. Source: https://cointelegraph.com/news/de-dollarization-is-it-really-happening
‘Like a Middle Finger to Western Culture’: YuYu Unpacks Inspiration Behind NFT Expo GAG
‘Like a Middle Finger to Western Culture’: YuYu Unpacks Inspiration Behind NFT Expo GAG At this year’s NFC Lisbon, multimedia artist and photographer YuLiang “YuYu” Liu broke down how themes from traditional painting and BDSM informed his latest NFT exhibition called “GAG.” He also shared exclusively with Decrypt a yet-to-be-launched drop for fans of his work. Source: https://decrypt.co/videos/live-events/Vuoplr6a/like-a-middle-finger-to-western-culture-yuyu-unpacks-inspiration-behind-nft-expo-gag
Bitcoin, Ethereum to shake off ‘toothless adversary’ SEC as FOMC looms
Bitcoin (BTC) and Ether (ETH) are due volatility — but not thanks to “toothless” United States regulators, new analysis says. In its latest market update on June 9, trading firm QCP Capital told market participants to gear up for macro-fueled price action for BTC and ETH. Related: Why is Bitcoin price stuck? QCP Capital: U.S. crypto “mudslinging” to continue The dust…
US Hits Two Russians With Criminal Charges Over Mt. Gox Bitcoin Hack
The United States Department of Justice today charged two Russian men with criminal acts related to the hack of collapsed Bitcoin exchange Mt. Gox. In a statement Friday, the DOJ said that 43-year-old Alexey Bilyuchenko and 29-year-old Aleksandr Verner were charged with conspiring to steal approximately 647,000 Bitcoin from the exchange between 2011 and 2014. The tally represented “vast majority…
US court rejects Fed’s motion to dismiss Custodia Bank case
Custodia Bank won a step forward in its legal battle against the Federal Reserve, as a Wyoming federal judge denied dismissal motions from both the Fed and the Federal Reserve Bank of Kansas City. The digital asset bank sued the Federal Reserve in June 2022, claiming an “unlawful delay” in processing an application for its master account. In 2020, Caitlin…
Crypto.com suspends US institutional exchange service
Crypto.com will no longer serve institutional clients in the United States after announcing the suspension of the service from June 21. The Singapore-based cryptocurrency exchange cited limited demand from institutional customers as a primary reason for the move which has been exacerbated by testing prevailing market conditions. A statement from Crypto.com noted that the platform’s institutional users were given advance…
‘Like a Middle Finger to Western Culture’: YuYu Unpacks Inspiration Behind NFT Expo GAG
‘Like a Middle Finger to Western Culture’: YuYu Unpacks Inspiration Behind NFT Expo GAG At this year’s NFC Lisbon, multimedia artist and photographer YuLiang “YuYu” Liu broke down how themes from traditional painting and BDSM informed his latest NFT exhibition called “GAG.” He also shared exclusively with Decrypt a yet-to-be-launched drop for fans of his work. Source: https://decrypt.co/videos/interviews/Vuoplr6a/like-a-middle-finger-to-western-culture-yuyu-unpacks-inspiration-behind-nft-expo-gag